Question: Current Attempt in Progress James Smith has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at

Current Attempt in Progress James Smith has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,000, $7,500, 59.000, $12.000 and $11,000. If the appropriate discount rate is 5.000 percent, what is the cost in today's dollars of the equipment James purchased today? (Round answer to 2 decimal places, es 15.25. Do not round factor values Present value S

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